Indian (NIFTY) Electronic Equipment and Instruments Industry Analysis
UpdatedJun 08, 2023
DataAggregated Company Financials
Companies13
- 7D3.5%
- 3M16.2%
- 1Y30.4%
- YTD6.8%
In the last week, the Electronic Equipment and Instruments industry is up 3.2%, with Honeywell Automation India up 2.1%. In the same time, Sparc Electrex was down 6.1%. This means that the industry has gained 31% over the past year. As for the next few years, earnings are expected to grow by 21% per annum.
Industry Valuation and Performance
Has the Indian Electronic Equipment and Instruments Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 08 Jun 2023 | ₹441.6b | ₹49.9b | ₹9.8b | 31x | 45.1x | 8.8x |
| Sat, 06 May 2023 | ₹381.4b | ₹47.0b | ₹5.1b | 28.7x | 74.1x | 8.1x |
| Mon, 03 Apr 2023 | ₹382.2b | ₹46.8b | ₹5.1b | 26x | 74.8x | 8.2x |
| Wed, 01 Mar 2023 | ₹360.5b | ₹46.8b | ₹5.1b | 20.4x | 70.6x | 7.7x |
| Fri, 27 Jan 2023 | ₹403.7b | ₹44.8b | ₹4.8b | 25.1x | 83.8x | 9x |
| Sun, 25 Dec 2022 | ₹403.8b | ₹44.6b | ₹4.8b | 23.1x | 84.7x | 9x |
| Tue, 22 Nov 2022 | ₹408.2b | ₹45.3b | ₹4.3b | 23.5x | 95.8x | 9x |
| Thu, 20 Oct 2022 | ₹398.4b | ₹43.3b | ₹4.3b | 20.1x | 93x | 9.2x |
| Sat, 17 Sep 2022 | ₹408.4b | ₹43.3b | ₹4.3b | 21.8x | 95.4x | 9.4x |
| Mon, 15 Aug 2022 | ₹398.8b | ₹43.4b | ₹4.3b | 30.1x | 93.3x | 9.2x |
| Wed, 13 Jul 2022 | ₹358.3b | ₹41.3b | ₹4.2b | 28.9x | 85x | 8.7x |
| Fri, 10 Jun 2022 | ₹336.8b | ₹41.3b | ₹4.2b | 30.7x | 79.9x | 8.2x |
| Sun, 08 May 2022 | ₹399.7b | ₹41.1b | ₹4.7b | 61.7x | 85.2x | 9.7x |
| Tue, 05 Apr 2022 | ₹396.9b | ₹41.1b | ₹4.7b | 56.1x | 84.6x | 9.6x |
| Thu, 03 Mar 2022 | ₹397.9b | ₹41.1b | ₹4.7b | 42.8x | 84.8x | 9.7x |
| Sat, 29 Jan 2022 | ₹412.4b | ₹40.8b | ₹5.5b | 30x | 75.2x | 10.1x |
| Mon, 27 Dec 2021 | ₹395.3b | ₹40.7b | ₹5.5b | 30.8x | 72.3x | 9.7x |
| Wed, 24 Nov 2021 | ₹385.7b | ₹40.8b | ₹5.5b | 24.9x | 70.4x | 9.5x |
| Fri, 22 Oct 2021 | ₹418.8b | ₹40.6b | ₹5.7b | 64.7x | 73x | 10.3x |
| Sun, 19 Sep 2021 | ₹413.8b | ₹40.8b | ₹5.7b | 64.7x | 72.3x | 10.1x |
| Tue, 17 Aug 2021 | ₹375.3b | ₹40.8b | ₹5.7b | 17.2x | 65.6x | 9.2x |
| Tue, 01 Jun 2021 | ₹405.3b | ₹40.7b | ₹5.6b | 21x | 72.4x | 10x |
| Fri, 05 Mar 2021 | ₹418.6b | ₹42.0b | ₹5.0b | 34.9x | 84x | 10x |
| Mon, 07 Dec 2020 | ₹300.6b | ₹43.4b | ₹5.0b | 23.3x | 59.5x | 6.9x |
| Thu, 10 Sep 2020 | ₹305.4b | ₹45.6b | ₹5.6b | 24.2x | 54.9x | 6.7x |
Price to Earnings Ratio
50.3x
Current Industry PE
- Investors are pessimistic on the Indian Electronic Equipment and Instruments industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 45.0x which is lower than its 3-year average PE of 74.9x.
- The industry is trading close to its 3-year average PS ratio of 8.9x.
Past Earnings Growth
- The earnings for companies in the Electronic Equipment and Instruments industry have grown 21% per year over the last three years.
- Revenues for these companies have grown 3.0% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Electronic Equipment and Instruments compare with similar industries?
| IN Market | 1.84% | |
| Tech | -0.44% | |
| Electronic Equipment and Components | 3.36% | |
| Electronic Equipment and Instruments | 3.53% | |
| Electronic Components | 10.33% | |
| Technology Distributors | 3.94% | |
| Electronic Manufacturing Services | 1.92% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 517174 Honeywell Automation India | ₹41.00k | 2.0% +₹7.1b | 25.2% | PE82.8x | |
| 533339 Zen Technologies | ₹432.30 | 14.9% +₹4.7b | 127.0% | PE85x | |
| 530343 Genus Power Infrastructures | ₹97.70 | 6.9% +₹1.4b | 12.0% | PE36.5x | |
| KERNEX Kernex Microsystems (India) | ₹343.95 | 27.6% +₹1.3b | 83.0% | PS122.1x | |
| ASMS Bartronics India | ₹8.75 | 9.4% +₹228.4m | n/a | PE0.6x |